Motisons Jewellers Ltd

Initial public issue of 2,74,71,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs. 55 per equity share (including a share premium of Rs. 45 per equity share), aggregating to Rs. 151.09 crores ("The Issue"). The issue will constitute 27.90 % of the post issue paid up equity share capital of the company. The company, in consultation with the brlm, has undertaken a pre-ipo placement of 60,00,000 equity shares for cash consideration aggregating to Rs. 33.00 crores ("pre-ipo placement"). The issue size as disclosed in ,up to 3,34,71,000 equity shares has been reduced by 60,00,000 equity shares pursuant to the pre-ipo placement and accordingly the issue is of up to 2,74,71,000 equity shares and the minimum issue size shall constitute at least 10% of the post-issue paid-up equity share capital of the company, in compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended ("scrr"). The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 55/- each which is 5.50 times of the face value of the equity shares.f
Opens On Closes On
18-Dec-23 20-Dec-23
Money Payable On
Application Allotment
55.00 0.00
Minimum Application for shares in Nos : 250 Further Multiples of : 250
Cr Lead Managers to the Issue
Project Cost (.Cr) 131.99 Holani Consultants Pvt Ltd
Project Financed through Current Offer (.Cr) 151.09  
Post Issue Equity Share Capital (.Cr) 98.45
Issue Price () 55.00
Repaymet of existing borrowings availed by the company from schduled commercial bank
Funding the working capital requirement of the company
General corporate purposes
Promoted By
Sandeep Chhabra
Sanjay Chhabra
Namita Chhabra
Listing At
Registrar to the Issue
No Data Available